Mkulukuta Moyo Heritage

18/09/2026

*The* *Malawi* *Economy* *Continues* *to* *Show* *Progress*

The government of His Excellency Professor Arthur Peter Mutharika continues to achieve economic milestones as indicated by the recent reported inflation figures for August 2026 showing the price drop of other market commodities .

In a latest report produced by the National Statistical Office for August 2026 , the general inflation has succumbed to positive economic policies as indicated by the significant improvement percentage of 0.8, thats from 20.8 % in July to 20.0 in August .

The Minister of Finance ,Economic Planning and Decentralisation Hon Joseph Mathyola Mwanamvekha has stressed the need for Malawians to remain patient and optimistic as economy is gradually recovering from the death bed.

The Finance Minister has assured Malawians that his ministry will enhance the development and application of relevant economic policies to all strategic sectors in fostering the economic stability of the country .


# # GodBlessMalawi

15/09/2026

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20/08/2026

*Government of Malawi Welcomes 2026 Annual Action Plan, EUR 143 Million Investment Package for Malawi*

Minister of Finance, Economic Planning and Decentralisation, Hon. Joseph Mathyola Mwanamvekha, M.P., has welcomed the European Union’s 2026 Annual Action Plan, describing the EUR 143 million (approximately K287 billion) package as a landmark investment in Malawi’s long-term transformation. Speaking at the announcement ceremony at Sunbird Capital Hotel, Mwanamvekha, on behalf of President Professor Arthur Peter Mutharika and the people of Malawi, expressed profound gratitude to the EU, European Investment Bank and all Team Europe partners for their continued support and enduring partnership. He said the investment is aligned with Malawi Vision 2063 and MIP-1, focusing on three interconnected pillars: a productive economy, reliable infrastructure and empowered people.

The package includes EUR 35 million for the AgriCatalyst Malawi Programme, focusing on rice, soybeans and coffee to transform agriculture into a competitive, commercial and climate-resilient sector. Mwanamvekha noted that more than 300,000 farmers grow rice, yet Malawi imports up to 30% of its requirements, presenting opportunities for increased production, value addition, import substitution and job creation. He also highlighted the EUR 125 million Malawi Energy Efficiency Enhancement Programme (ME3), comprising EUR 40 million from the EU and EUR 85 million in European Investment Bank co-financing, to strengthen generation, transmission, distribution and system control, improve grid reliability and develop skills for young people and women.

Particular emphasis was placed on the EUR 68 million EYES of Malawi Programme, the largest component and a direct investment in Malawi’s people. With 80% of the population under 35, the Minister stressed the importance of education, skills development and technical and vocational training, while ensuring girls, young women and persons with disabilities are not left behind. He said the three programmes reinforce each other; reliable energy will power agriculture and create jobs, skilled people will drive industrial growth, and productive agriculture will strengthen food security and generate export earnings, reflecting the EU’s holistic Global Gateway approach. Hon. Mwanamvekha reiterated Government’s profound gratitude to the EU and its partners, commended the strong Malawi-EU partnership, and affirmed Government’s commitment to accountability, transparency and results in building a wealthy, inclusive and self-reliant Malawi.

19/08/2026

Finance Minister, Joseph Mwanamveka has challenged Malawi Revenue Authority (MRA) to increase revenue collections at its Lilongwe domestic tax revenue office, as Lilongwe is Malawi's economic hub with relatively more activities.

He held discussions with MRA officials led by Director General Felix Tambulasi who pledged to devise ways to expand the tax compliance in the region along with national efforts.

Both the Minister and MRA DG expressed optimism with current tax revenue performance but Mwanamveka said the growing expenditure needs, including the heavy public debt, demand more efforts to increase domestic revenue by making more people to pay taxes and not burdening the current few taxpayers with high taxes.

Reported by Kingsley Jassi

19/08/2026

19/08/2026

Minister of Finance, Economic Planning and Decentralisation, Joseph Mwanamvekha, this afternoon paid a surprise visit to the Malawi Revenue Authority’s Lilongwe Domestic Taxes Division.

Mwanamvekha said the visit was aimed at understanding the challenges the authority faces in providing services to the country.

He challenged the Lilongwe MRA Office to widen its tax collection net in the city by identifying businesses and individuals who are not paying taxes, while addressing challenges affecting compliance.

Mwanamvekha commended the authority for its performance in tax collection, saying the revenue collected has helped the government pay civil servants’ salaries on time and support other development activities.

Meanwhile, MRA Commissioner General Felix Tambulasi has committed the authority to continue meeting its tax collection obligations and surpassing its targets.

Between April and June 2026, the MRA collected K1.398 trillion against a target of K1.378 trillion, representing a surplus of K20 billion.



-Robert Mbetewa-